Every man has a dream to have a
house where they can live happily around the good and beautiful memory.
However, now a day buying a property in India has become a complex task for
middle class people. A rising price of properties has become an obstacle for
middle class people to buy a home. But somewhere it is a good factor for you
that it is increasing your ROI (Return on Investment). Having a house brings a
sense of prides but do you know why this price suddenly gone up? Here is the
answer of this question.
Delhi/Noida/Gurgaon
Delhi is
a political hub along with capital of India and all the major decision
regarding the goodwill of the country is taken from here. The last few years a
lot of investment has been done that has attracted over thousands of migrated
people to find their place to live in this vibrant city. Shopping mall, residential properties
in Delhi, entertainment centers and other things has made in a huge way
and helped Delhi to spread their arms to make the city world class level. Due
to this reason, nearby places of Delhi has also increased (Noida,
Gurgaon).
Noida
and Gurgaon are now considered as the most developing city of India and a lot
of development is being constructed to contribute in the development of the
country. Both are passing through a good phase of development and witnessing a
number of establishments of IT companies, entertainment centers, Pharmaceutical
factories, commercial properties in
Gurgaon and etc.
More
development is also a factor of high price as these three cities have seen
tremendous growth. A demand of more hands has attracted so many people to visit
the cities not only for employment purpose but also to seek education or pursue
their career. An expansion of Delhi Metro to Noida and Gurgaon has also created
a reason to increase the price. Properties nearby metro stations are very high
and expensive. Demand of houses to live has also made investors to build residential
properties in Noida as a number of migrated people have shifted here
for many reasons.
Infrastructure and connectivity may be another factor to
boost the property price of these cities.
All
these cities have better infrastructure and connectivity that makes people to
migrate here. A presence of lots of investors has also raised the price of
property. Urbanization is also a point to know the increasing price of
properties in these cities. All has seen a lot of development within 10 years
and became the most prominent part of India.
Well
whatever your reason to buy the property whether you are searching for
residential or commercial properties, these cities will be best for you. These
cities can also give you the best value of your money and make your business
grow.
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